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Classic Global Finance & Capital (BOM:538433) 5-Year Yield-on-Cost % : 0.00 (As of Jun. 02, 2024)


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What is Classic Global Finance & Capital 5-Year Yield-on-Cost %?

Classic Global Finance & Capital's yield on cost for the quarter that ended in Dec. 2022 was 0.00.


The historical rank and industry rank for Classic Global Finance & Capital's 5-Year Yield-on-Cost % or its related term are showing as below:



BOM:538433's 5-Year Yield-on-Cost % is not ranked *
in the Capital Markets industry.
Industry Median: 3.01
* Ranked among companies with meaningful 5-Year Yield-on-Cost % only.

Competitive Comparison of Classic Global Finance & Capital's 5-Year Yield-on-Cost %

For the Capital Markets subindustry, Classic Global Finance & Capital's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Classic Global Finance & Capital's 5-Year Yield-on-Cost % Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Classic Global Finance & Capital's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where Classic Global Finance & Capital's 5-Year Yield-on-Cost % falls into.



Classic Global Finance & Capital 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of Classic Global Finance & Capital is calculated as

Yield-on-Cost=Dividend Yield %*(1+Dividend Growth Rate)^5

Classic Global Finance & Capital  (BOM:538433) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.


Classic Global Finance & Capital 5-Year Yield-on-Cost % Related Terms

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Classic Global Finance & Capital (BOM:538433) Business Description

Traded in Other Exchanges
N/A
Address
Office Number 8, Sodhi Complex, IInd Floor, Miller Ganj, Opposite Ramgarhia School, Ludhiana, IND, 141003
Classic Global Finance & Capital Ltd operates as a broking company in India. It offers loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting services. The company also provides investment services to purchase, acquire, subscribe, hold, and dispose of or otherwise invest/deal in shares, debenture stocks, bonds, obligations and securities, units, and other instruments. In addition, it acts as an agent/sub-agent of various agencies, mutual funds, and institutions for the mobilization of funds, deposits, and loans or other securities/units.

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